The chances of Congress working on tax reform next year have gone from very unlikely to effectively zero with the decision by President Obama to name Sen. Max Baucus (D-MT) ambassador to China. Baucus is chair of the extremely powerful Senate Finance Committee. Despite the long odds, Baucus has been working towards creating a comprehensive [...]

The Obama administration really wants to catch Edward Snowden but the two countries that could make that happen, Russia and China, have zero desire to help. Apparently finding out a foreign government has been effectively spying on everyone in your country puts you in an uncooperative mode. Despite the indictment and a suspended passport China [...]

When reading stories about the growth of the Chinese economy, I often run into two extremely weird narratives. One is claims that the Chinese leadership has somehow magically found a formula for growth our feeble democracy could never match. The other is fear mongering that China is now an unstoppable economic powerhouse which is destined [...]

At a time of high unemployment, it’s difficult to fathom why the President would be fighting to increase our trade deficit and ship tens of thousands of jobs overseas by pushing his NAFTA-style trade deal with Korea. Even more stunning, however, is the loophole in the Obama deal that will hand billions over to North Korea to spend on their nuclear weapons program.